Italy Seizes €121 Million from Amazon Unit

Italian authorities have seized approximately €121 million ($131 million) from Amazon Italia Transport amid allegations of tax fraud and illegal labor practices. The Milan Prosecutor's Office claims the company circumvented tax laws by outsourcing labor to third parties and failing to pay VAT and social security contributions, which allowed Amazon to maintain competitive pricing. This seizure is part of a broader investigation into major firms in Italy, with similar scrutiny faced by companies like DHL and UPS. Amazon has denied any wrongdoing, asserting its compliance with laws and regulations and stating it will cooperate with the investigation. Critics argue that the fine may not deter Amazon given its substantial profits, raising concerns about multinational corporations exploiting complex tax systems. The crackdown reflects Italy's increasing efforts to address tax evasion and labor exploitation.